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Search Results 0 to 36 of about 37 (some duplicates have been removed)
PBS
Feb 1, 2013 8:00pm PST
for the first time since 2009. so as congress agrees to delay a showdown over the debt ceiling and faces a march 1 deadline for across the board spending cuts, what to make of this darned economy, david? >> am i supposed to answer that? it is confusing. the stock market is up. employers are hiring, very slowly. the government now tells us that hey -- they hired a lot more last year than previously believed. auto seafls are up 14% from last year. housing sales are coming back. on the other hand the economy took a pause at the end of last year? unemployment is very high, 7.9%. among men between 25 and 54 one out of six is not working. so i think when you cut through all this what do you see? well, the stock market is going like this and the economy is going like this. that can't last. i can't explain the stock market except maybe there was a gigantic sigh of relief. the republicans aren't going to force the u.s. freshry due default and the europeans aren't going to blow themselves up economically. you see an economy that's growing -- slowly. growing is better than not growing. the europeans are tr
FOX Business
Jan 31, 2013 7:00pm EST
down, not up. lori: the senate approved a house plan to approve the debt ceiling and hold off on congressional pay if they don't get a budget deal for the next ten years. you say this is more of a risk and even the fiscal cliff was. >> oh, yes. the debt ceiling is a potentially large fiscal contraction like the fiscal cliff was. even bigger, actually, if you do the math. debt ceiling is you cannot borrow, so you have to balance the budget tomorrow. in addition to that, there was the kind of not very real threat that we might default on the national debt or postpone payments, so you're playing with a combination of a big fiscal contraction and the possibility of triggering a financial crisis also. lori: i want to ask you about your book. after the music stopped, but about the financial crisis, to a dozen 7-8. looking back, said always 2020, what were the best actions taken by the federal government and the worst? >> at think there were three. in net you a tie for first? >> you know how tv works. >> one was tart. very unpopular, but effective and turn a profit for the taxpayer.
ABC
Feb 3, 2013 8:00am PST
the debt ceiling doesn't kick in till august, i believe that's what we'll have, but let's add these together. let's say you're right, 30 billion. but let's -- jobs overseas, we can dial that however we want because it's all -- a huge loss of revenue, corporate jets, tehre are all kind of things that are low-hanging fruit. >> you've heard the republicans across the board here. they're saying they're done with revenues for 2013. >> george, the american people are on our side. the american people don't believe in these austere things. we believe that the rich should contribute. we believe we should fill those tax loopholes, get rid of them, i should say, and that's where we need to go. >> but that's a debate that's been had, as you know, for the last couple of months, last couple of years and doesn't appear it will get solved next month so the sequester will hit. >> george, that's what they said two or three days before the fiscal cliff. no revenue. well, we got about $700 billion in revenue. there's still more we can do. >> are you saying that for -- to lift the sequester, first
Current
Jan 31, 2013 5:00pm PST
. that will make the battles in the g.o.p. caucus over the fiscal cliff debt ceiling taxing to be a walk in the park on sunday. while on a state level the g.o.p. extremists can't get out of the way from their own radicalism in virginia ken cucinelli or c uch has he is known. he writes, quote creating government dependency is the typical method of operation for big government statists. also to put a cher on on top of the dysfunction, the mississippi legislature has created a new law. an idea as archaic as it is unconstitutional. joining me now is rick unger whose piece we just quoted. thankthank you for being here. >> always a pleasure. >> always a pleasure having you. will it be an effective wedge to break open the g.o.p. they tried it in the 47% class it didn't work but now they're able to split the party. >> i think the democrats will have nothing to do with it. the republicans will do this all on which are own with an exist from the tea party. >> how so? >> this is a perfect setup for what was inevitable, and this is going to be the great shoot out at the o.k. corral. assume that this
MSNBC
Feb 2, 2013 9:00am PST
, the debt ceiling. now the sequester. i mean, we're now talk about perhaps $85 billion in spending cuts in 2013 if they don't get their act together on the sequester. that's pointing exactly in the opposite direction. so the fed is kind of setting the table but not getting the support from the congress on the fiscal side. >> so given the looming debt ceiling limit here, this week on morning joe the "new york times" economist argued why the u.s. should spend now and worry about deficit reduction later. here it is. >> dashing spending when you still have depressed economy is really destructive. it's probably even counterproductive even in purely fiscal terms. we should be sustaining government spending until we have a stronger economic recovery. >> this is not a hard call. as long as we have 4 million people who have been unemployed for more than a year, this is not a time to be worrying about reducing the budget deficit. give me something that looks more like a normal employment situation and i'll become a deficit hawk but not now. >> do you subscribe to that, jared? or is that too extre
FOX News
Feb 2, 2013 1:00pm PST
and the debt ceiling battles? will all of these numbers go out the window? >> well i think the biggest problem this country has is debt. eventually debt has to be paid back and the problem is we adding three billion a day to the deficit, and i'm just worried that one day we're going to wake up and the market's eyes are going to open up and say wait a minute, look at all these debt and start hitting the wrong way. but look. so far so good. for whatever reason the market likes what it sees, and i never argue with the market. it's kind of stupid to do that. i think you would be run over by a train if you bet against it right now. >> heather: gary kaltbaum joining us. thank you so much. we appreciate your insight as always. >> my pleasure. thank you. >> gregg: so he gave us the barney cam. remember that, and he was by president bush's side throughout his eight years in the white house. what the former president is now saying about his beloved scottish terrier. yeah the barney cam. >> heather: hours before the big game, gregg, new developments and allegations involving nfl player ray lewis. >> greg
MSNBC
Feb 1, 2013 9:00am PST
, but after the break top republicans m house and senate part way on a key debt ceiling bill. will the intraparty scism end in heartburn or heart break? for over 75 years people have saved money with...ohhh... ...with geico... ohhh...sorry! director's voice: here we go. from the top. and action for over 75 years people have saved money with gecko so.... director's voice: cut it! ...what...what did i say? gecko? i said gecko? aw... for over 75 year...(laughs. but still trying to keep it contained) director's voice: keep it together. i'm good. i'm good. for over 75...(uncontrollable lahtuger). what are you doing there? stop making me laugh. vo: geico. saving people money for over seventy-five years. gecko: don't look at me. don't look at me. >>> the republican party is engaged in a fierce game of tug-of-war with itself. last week after speaker john boehner pleaded with his party to vote for a bill to extend the debt limit for three months, 33 members broke rank. the measure would have failed without democratic support. yesterday the senate took up that same bill and even though
Current
Feb 5, 2013 3:00am PST
as it wants. the house and senate extended the debt ceiling. president obama has signed the no budget, no pay act of 2013. not only does that put off the nation's debt obligations until may 18th, it also withholds pay for a number of congressmen and womenless women unless they pass a budget by april. >>> eight senators have voted to block the violence against women act. that bill would protect victims of domestic violence and this particular version extends that care to illegal immigrants, native americans and lgbt members. senators who voted against considering that bill include ted cruz, marco rubio and rand paul, all republicans. more bill's up next. stay with us. to me now? you know the kind of guys that do reverse mortgage commercials? those types are coming on to me all the time now. (vo) she gets the comedians laughing and the thinkers thinking. >>ok, so there's wiggle room in the ten commandments, that's what you're saying. you would rather deal with ahmadinejad than me. >>absolutely. >> and so would mitt romney. (vo) she's joy behar. >>and the best part is that current will let
CSPAN
Jan 31, 2013 8:00pm EST
to delay having to debate raising the debt ceiling? >> well, it was a decision by house republican leaders a few weeks ago. they tried in 2011 to use the debt limit as a lynch -- leverage point to force obama to swallow spending u cuts. it worked but -- [inaudible] to something like 9%. and they recognize that it was a bad idea. i mean, gambling with the credit of the united it turned out is a bad idea. we were downgraded for the first time in nation's history. they department want to do that again. like i said, i didn't want to vote for a bigger national debt either. that doesn't fit with their philosophy. they came up with the strategy of saying we're going us is fend. and in the meantime, they want the senate to pass a budget for 2014 and the law salses that -- says that if either chamber fails to adopt a budget by april 15, the paychecks will be docked. the idea of the thing is to postpone the sort of economy raddling default situation until they can prosecute the continuing fight over taxes and spending to a point where, you know, both are satisfied and the debt limit can be raised ag
Current
Feb 6, 2013 3:00am PST
twice. on the debt ceiling and they blinked again on the budget. and delaying the sequester. you are right. i think obama -- obama don't you get the sense obama feels that now? >> yeah. >> feels the power more? >> absolutely. >> or willing to use power more? >> and willing -- feels he can have, if they have an apocolyptic showdown he will win it. they feel that, too. they don't emerge from the fights stronger. if, god forbid, they go over one of these cliffs it totally cleared whoever has the stronger hand amid the crisis. it becomes about what are we restoring? it's one that favors the democrats. >> ben, great to have you in the studio. thank so much. any time you come down to washington, you are welcome here here. >> thank you for having me on. >> bill: might get you on the phone from new york. we love people in the studios. come back and see us. buzz feed.com. i will tell you what the president is up to today. busy schedule. >> this is "the bill press show" live on your radio and current tv. [ music ] (vo) current tv gets the converstion started
MSNBC
Feb 2, 2013 11:00am PST
, but things look good. we did not go over the fiscal cliff and we did not hit the debt ceiling. evidence is piling up. >> that's true. here is the thing that struck me about hagel hearings, it seemed at times that chuck hagel was surprised that these people were not happy with him. it's as if he did not read a newspaper in month. >> his response to the surge question. mccain is the biggest supporter of the surge, he led it. chuck hagel disagreed and mccain seems to be right. and hagel looked surprised by the question. in defense of molly's story and washington is getting better. that was not about dysfunction of washington, the two of them just do not like each other. that has nothing to do do with the broader things washington. the issue matrix is changing a bit. what we with saw in 2009 and 2010, when health care and economy were on the table, those are where the parties are fundamentally divided. that is going to be true. but the immigration, there's not the same divide with them. so it's not a polarizing issue with john kerry. part of the reason we are seeing less dysfunction -- on o
MSNBC
Feb 1, 2013 3:00am PST
overseas. your push right now is getting it back home. >> with the fiscal cliff and debt ceiling and trying to get bipartisan, but over here is something called poverty, 50 million americans and racial disparity and cities collapsing and the like. i'm going to make the case we should build america an urban infrastructural bank for the purpose of long-term loans. we do it in europe and japan. and no other country charges people to repatriate their money once they pay taxes in that country. but we do. but if we, in fact, took a portion of that money, part for research and development and part of it for an institutional bank, you could do what banks are not doing, and that's invest in these downtrodden areas of our country. >> gillian, we've been talking about it for years, trillions of dollars sitting on the sidelines not coming back to america. how do we get it back here? >> almost $2 trillion. you've got average household earnings down over the past four years, poverty is up. we need this money working in our economy. how do we get it here? >> absolutely. i think the reverend's idea is very
CSPAN
Feb 1, 2013 9:00am EST
consensus to keep kicking the can down the road. i think the debt ceiling went like groundhog day. it's like this time we're going to have this debate. then at midnight on new year's eve we pass a bill and give senators six minutes to reid it before it goes and we've now avoided the fiscal by kicking the can down the road which now we passed a bill to push off until may the reckoning for the debt ceiling. nobody has come to the table to try to fix things. i say the senate hasn't actually passed a budget. the president and democrats haven't passed a budget in four years. there is a fundamental inability for congress to do their job. you are supposed to pass a budget by april 15. you are supposed to reconcile all those bills by october. that hasn't happened in four years. instead we've had this crisis atmosphere where things are passed in the middle of the night and nothing gets done. >> we only look at law makers records as they pertain to gun related issues. the numbers in the house and numbers of the senate haven't changed so much from the previous congress but there are faces that haven't
CSPAN
Jan 31, 2013 11:00pm EST
of default. >> whited lawmakers decided his best to delay the debt ceiling? >> about two weeks ago they tried in 2011 to use the debt and then as a leverage point to force obama to swallow spending cuts. it worked, but it is terribly damaging to the nation's economy and their political capital. with something like 90% in august of 2011 and they recognize this is a bad idea. thing is a pretty bad idea of a downgrade for the first time. they didn't want to do that again, but they didn't want to vote for a thicker national debt either. that doesn't care what their philosophy to pick them up with a strategy and in the meantime we want the senate to pass a budget for 2014 and the law says if either chamber fails a budget, paychecks will be docked. the whole idea is to postpone the economy default situation until the prosecutor at the continuing fight over taxes and then made to a point where both sides are satisfied in the debt limit can be raised again. >> how a template of a increasing the deficit in effect the economy and financial markets? >> where do you know the answer. it's sort of jan at t
CNN
Feb 5, 2013 1:00pm PST
a deal on the fiscal cliff, pushed back the debt ceiling issue so that they can breathe a little bit and try and move away from just these fiscal sues. now on the horizon there are lots of house republicans, particularly younger ones, who say let's cut the defense budget, let those automatic spending cuts take place, and there are lots of senior republicans who say, not so fast. so that's going to be a problem within the republican party as we look ahead. >> where does karl rove and his new super pac fit into that? >> did you ever think republicans would call him a rhino, republican in name only. here you go. i've always thought of karl rove as a conservative. what's going on is his pac has said, you know what, we are tired of someone associated with his pac said to me, quote, the novelty of losing elections has worn off, and what they've decided to do is to start putting their money in primaries. they want to vet republican primary candidates so that by the time they get to the general election they believe they have qualified vetted candidates who can actually win. conservatives ar
CSPAN
Feb 7, 2013 5:00pm EST
, yes, deficits and taxes and sequesters and potential government shutdowns, debt ceiling, we'll talk about that stuff. but we'll talk about it from the perspective on how we're making sure someone works hard in this country. a cop, teacher, a construction worker, or a reception worker, they can make it if they work hard. their kids can make it and dream bigger dreams than they have achieved. obviously, a lot of what we'll be working on over the next few weeks is going to be on how do we deal with this sequester issue. i want to make this quick point. i had a press conference this week in which i reiterated that i'm prepared, eager, and ang shouse that ends this government by crisis that every two week or every two months or every six months we are threatening this hard recovery, are finally housing is picking up and real estate is doing better and unemployment numbers are still too high. we're geing job growth and manufacturing is doing well and we continue to have these self-inflicted crisis here in washington where suddenly someone taps the brakes. what i said this week was i want
CSPAN
Feb 2, 2013 7:00am EST
, and then the european credit crisis, as well as d.c.'s own fight over the debt ceiling. and then we were set to take off, all of a sudden we saw a big tumble in the stock markets and we saw job growth go back down again. i believe in august 2011 the initial report was zero net jobs. now they eventually revised that up to 100,000, but still an amemic growth rate. host: we continue our conversation regarding the 157,000 jobs added in january in the unemployment rate back now at 7.9% with patrick rice of politico. donald from statesville, north carolina is our next caller. donald is on our line for republicans. caller: hey, how you doing. i'm calling from statesville, north carolina, and we got some bad news here. freight liner who was in cleveland, north carolina, is going to lay off 750 employees. trim systems that supported them, they're closing their plant, 65 employees down to two. but here's my question, you know. when they do these job numbers, lowe's down here is going to hire 45,000 part time workers. does that count in the job numbers? or those are not even included? host: sorry about that donald
FOX Business
Feb 7, 2013 7:00pm EST
. you know what they are doing down there. the debt is going through ceiling again, and they are not doing anything about it except talking, for 30 years it has gone higher and higher. lou: business holding 3 trillion-dollars, american business offshore, if you will, but on their books, and ready to investment if only they had clarity if only they had a clear vision, and there was not so much regulations and taxes were so high. have you seen a time when merge business leaders -- american business leaders were so weak? >> wait a minute, would you bring country back in the country with what is going on in washington? wouldn't you want to keep it abroad. lou: why do they keep supporting people who enable this weakness, do you remember when business leaders stood up and represented themselves instead of going to the you know, the -- what chamber of commerce. >> if they are supporting these clowns issue these people in washington who are doing this thing. they are reprehensible. lou: just weak-kneed, we need people with spines, and vision, jim rodgers, this is the book,
MSNBC
Feb 3, 2013 5:00am PST
and the democratic party. in terms of the debt ceiling deal, the fiscal cliff, the bipartisan senators who came together on immigration, which, aga again, that's kind of a rope thing in washington, d.c., but it's been absent for the last couple of years. when george w. bush was elected, no child left wind was a top domestic priority and you had a kind of gang of eight style thing. >> no child left behind just didn't happen. bush reached out to ted kennedy, and you worked the issue and -- >> sure. they worked on the recovery act. they want today recovery. >> they didn't work on the -- >> yes, they did. >> it was one of those ludicrous republican myths that obama didn't reach across the aisle. and ma myth is so foundational to a lot of republican thinking and i'm guessing to you and i it seems so divorced from reality that it's hard to even engage with, right, the idea that obama didn't attempt to genuinely attempt a bipartisan governing style. >> you can call it a myth. i think the proof is in the pudding. i think that this -- >> so you blame obama for the fact that there's this -- >> listen, i'
MSNBC
Feb 7, 2013 3:00am PST
the debt ceiling deal. he is a fiscal conservative. at the same time, on an issue like immigration, because the personal becomes political in his case. he is looking at what is best for america in terms of bringing these folks, many of whom didn't come here, you know, on their own steam, came here as young children. these people are americans just the way his family was. i mean, turns out that his grandfather was an undocumented immigrant. and because of special legislation that we have regarding cubans, the 1966 cuban refugee law, you know, he was allowed to become a citizen. so he is the beneficiary of this. he knows that we, of course, are a nation of immigrants. i think it will move him more towards the middle and move him as a person who can reconcile left and right. >> speak offing of immigrants, what is the back story -- i know there was cloudiness early on about his story about his family, about his upbringing. what have you cleared up there? >> well, michael grunwald wrote our story, and he cites this biography of came out on rubio i believe last year which actually determined that
CSPAN
Feb 1, 2013 6:00am EST
the other. the debt ceiling or the sequester or the sgr cliff. does congressional staffers, i'm sure debbie can attest to, we are constantly living in his temporary environment because we have to. that is unfortunate your we would all like to take some time and do a deep dive into deep policy thinking and try to think of transformational ideas that can transform everything, but when we kind of walking to work reality hits us. we have a job to do. we have to take of the thing that is the most pressing on the front end, and, unfortunately, that's kind of the environment we are living in. and it was a very interesting panel, especially the last one, where i was hearing, there's nothing better than congressional staffers. actually talk to patients are going through the clinic. one of the things that, the reality that we suffer with, unfortunately and this is something we all have to deal with come is just the fiscal reality. as you rightly pointed out, it is right now the debate is about budget and at, people are can't figure out to control costs but also how to find actual savings that are sco
Search Results 0 to 36 of about 37 (some duplicates have been removed)